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Despite the decline, the trade group expects the California market will end the year with around 2 million new-vehicle registrations. That would be a slight...
https://www.autodealertodaymagazine.com/351048/cncda-calif-new-vehicle-registrations-fall-for-the-fifth-straight-quarterThe deal was first reported on Sunday by The Banks Report, which described the pending acquisition as checking off 'several boxes for CDK while filling a...
https://www.autodealertodaymagazine.com/324057/cdk-global-to-acquire-elead1one
The compliance sweep, which took place in seven states, is the first since the agency's new Used Car Rule took effect earlier this year. Dealers who failed...
https://www.autodealertodaymagazine.com/324056/ftc-12-partner-agencies-conduct-used-car-rule-compliance-sweepRetail sales for the first half of 2018 are expected to be the weakest since 2014, but record transaction prices have consumers on pace to spend nearly $5...
https://www.autodealertodaymagazine.com/324024/lmc-j-d-power-first-half-retail-sales-weakest-in-four-years
The startup’s war chest now totals $30 million after securing $15 million in new funding. The announcement comes on the heels of two other major...
https://www.autodealertodaymagazine.com/324018/updated-roadster-secures-new-funding-announces-new-ties-with-lithia-lexus
Black Book issued its estimate days after Cox Automotive Chief Economist Jonathan Smoke said the number of damaged vehicles could reach half a million. With...
https://www.autodealertodaymagazine.com/323404/black-book-harvey-may-have-totaled-1-million-vehiclesParticularly hard hit in September were mid-size cars, while the luxury car segment experienced a nice bounce in its average wholesale price, according to...
https://www.autodealertodaymagazine.com/322671/kontos-wholesale-values-flat-in-septemberAverage wholesale values fell again on a month-over-month basis in June, but they remain up on a year-over-year basis thanks to the continued price strength...
https://www.autodealertodaymagazine.com/322475/kontos-strong-truck-values-drive-3-3-increase-in-wholesale-prices-in-juneGeneral Motors responded on Friday to legal concerns raised in a Feb. 8 letter from the California New Car Dealers Association. The automaker said it is not...
https://www.autodealertodaymagazine.com/322184/california-dealers-question-legality-of-gms-online-sales-portalThe software giants are currently forming an integration team to determine how the combined companies will be organized once the deal closes in the third...
https://www.autodealertodaymagazine.com/321734/cox-automotive-to-buy-dealertrack-for-4-billion